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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$8,900,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Once in a lifetime opportunity to own a stunning & immaculate upscale gas station on Steeles ave, the busiest street in Concord with commercial zoning, offers endless opportunities. A profitable Convenience store with 1000 sq.ft, and an awesome restaurant anchored tenant. 4 Fuel dispensers & 8 spots, two double wall fibreglass with a total capacity of 150,000 litres storage, offering 3 fuel options, regular, premium, extra premium and diesel. Modern canopy has a heavy gauge steel sheet roof cover. The site is in excellent condition. Extra rental income from parking.**** EXTRAS **** Turn key operation business for sale, modern gas station, huge lot with maximum exposure, surrounded by commercial businesses, hotels, restaurants and much more!! Hurry & get it! It will not last! (id:39198)
Location
Province
Ontario
City
VAUGHAN
Address
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Postal Code
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Location Highlights
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Listed by
INTERCITY REALTY INC. listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
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Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$8,900,000
Asking Price
$8,900,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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